Commerce

Initial public offering is undertaken through the?

A. secondary securities market B. first-tier securities market C. primary securities D. second-tier securities market Correct Answer: Option B -…

4 years ago

The market where only indigenous firms are considered is the?

A. money market B. second-tier securities market C. local market D. stock exchange Correct Answer: Option B - second-tier securities…

4 years ago

The bank that discount bills of exchange is the?

A. central bank B. mortgage bank C. development bank D. commercial bank Correct Answer: Option D - commercial bank

4 years ago

Invisible imports consist of?

A. cement, shipping and consultancy services B. banking, drinks , insurance and technical services C. consultant services, tourism and banking…

4 years ago

In Nigeria; the ministry in charge of registering trade associations is that of?

A. industries B. commerce C. culture and tourism D. finance Correct Answer: Option B - commerce

4 years ago

Wholesalers can be divided into?

A. sales agent and brokers B. full service C. cooperative wholesale society and limited service wholesalers D. merchant wholesales and…

4 years ago

The association that comprises all types of businesses is referred to as?

A. chamber of commerce B. trust C. trade association D. cartel Correct Answer: Option A - chamber of commerce

4 years ago

Which of the following confirms the accuracy of the duty charged on imported goods?

A. An indent B. Consular invoice C. Consignment note D. Shipping note Correct Answer: Option B - Consular invoice

4 years ago

Which of the middlemen in the channel of distribution has tittle to the goods he distributes?

A. The merchant wholesaler B. The agent C. The limited wholesaler D. The retailer Correct Answer: Option A - The…

4 years ago

A major function of a chamber of commerce is?

A. increasing productivity B. promoting both home and foreign trade C. promoting trade in a particular line D. maximizing profit…

4 years ago